18 May 2010
AIM / PLUS Markets: AAU
RC DRILLING TO COMMENCE ON KIZILTEPE
Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and
development company focused on Turkey is pleased to provide an update on its
activities at the Red Rabbit Project. Â A Reverse Circulation (RC) resource
drilling programme is to commence immediately on the Banu and Derya veins.
 Initial results from the first phase of exploration drilling of vein extensions
and geophysical target areas defined on the Kiziltepe Prospect are also
presented.
Highlights
* 2,000m Reverse Circulation (RC) drilling programme to commence
* Positive results from drill-testing of the extensions of the Arzu vein
system beneath cover
* Intercepts include 4m @ 2.88 g/t Au equiv., 19m @ 1.44 g/t Au equiv.
Dr. Kerim Sener, Managing Director, commented:
"We are pleased to announce the commencement of our planned Reverse Circulation
(RC) drilling programme on the Banu and Derya veins at the Kiziltepe deposit.
 This 2,000m RC programme has been devised to enable conversion of current
resources on these veins from the Inferred to Indicated category. Â This
programme is being initiated in advance of formal Joint Venture completion to
ensure project development remains on schedule.
We are also pleased to report initial results of the Rotary Air Blast (RAB)
drilling programme which tested probable buried vein extensions of the Arzu
structure. Â The RAB programme has now defined buried veins in two out of three
target areas and we consider these results to be highly significant for the
further growth of the Kiziltepe resource."
Drilling Programme
Approximately 2,000 m of RC drilling has been planned on the Banu and Derya
veins at the Kiziltepe deposit. Â This programme is due to commence on 19th May
2010 and has been designed to aid the conversion of JORC Inferred resources to
Indicated status. Â It is expected that this programme will run for approximately
two weeks, following which the results of this programme will be integrated with
a new mineral resource estimate which is already underway.
On the 25th March 2010 the Company announced that it had received results from
an extended geophysical programme at Kiziltepe. Â Following the processing of all
available geophysical data from Kiziltepe, an initial exploration drilling
programme was devised. Â Several important areas for drilling follow-up were
defined and three preliminary target areas were selected for shallow
drill-testing, with holes no more than 25m deep. Â Two of these areas lay on the
probable extension of the Arzu vein system beneath cover.
A Rotary Air Blast (RAB) drilling programme was initiated to test these two
areas and the results of the first six drill holes are presented in Table 1
below.
Table 1: RC drill hole intersection data from northern end of the Arzu
structure. Â The Au + Au equiv. is the sum of the gold grade and the gold
equivalent grade of silver in g/t based on a gold/silver price ratio of
approximately 50:1.
+---------+-------+--------+--------+------+----------+------+--------+--------+
| | | | | | Apparent | Gold | Silver |Au + Au |
| Hole |Easting|Northing|From (m)|To (m)|Width (m) | (Au |(Ag g/t)| equiv. |
| | | | | | | g/t) | | (g/t) |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB01A-10|607175 |4349395 | 2.00 | 6.00 | 4 | 2.37 | 25.40 | 2.88 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB02A-10|607179 |4349384 | 4.00 |10.00 | 6 | 1.32 | 15.40 | 1.63 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB02B-10|607180 |4349385 | 6.00 |12.00 | 6 | 1.28 | 21.23 | 1.71 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB03-10 |607130 |4349271 | 3.00 | 5.00 | 2 | 0.63 | 12.05 | 0.87 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB03-10 |607192 |4349256 | 14.00 |20.00 | 6 | 1.54 | 22.73 | 2.00 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB04A-10|607192 |4349256 | 8.00 |24.00 | 16 | 0.72 | 10.11 | 0.92 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
|RAB04B-10|607191 |4349254 | 1.00 |20.00 | 19 | 1.20 | 12.14 | 1.44 |
+---------+-------+--------+--------+------+----------+------+--------+--------+
The RAB drilling programme was cut short due to mechanical issues with the
contract rig and the full programme was not implemented. Â However, these initial
results do point to the presence of continuous gold mineralisation in an area
with poor to non-existent vein outcrop. Â Although the magnitude of gold
anomalism detected in these holes is typically low (approx. 1-2.5 g/t Au
equivalent), the fact that gold mineralisation has been intercepted is a highly
significant result and proves the continuity of mineralisation beneath cover and
the integrity of the geophysical anomalies tested.
Contacts:
Ariana Resources plc
Michael Spriggs, Chairman Tel: 020 7407 3616
Kerim Sener, Managing Director
Beaumont Cornish Limited Tel: 020 7628 3396
Roland Cornish
Alexander David Securities Limited Tel: 020 7448 9820
Nick Bealer / David Scott
Loeb Aron & Company Ltd Tel: 020 7628 1128
Peter Freeman / Frank Lucas
Editors' note:
Dr Kerim Sener, BSc (Hons), MSc, PhD, is the Managing Director of Ariana
Resources plc. Â A graduate of the University of Southampton in Geology, he also
holds a Master's degree from the Royal School of Mines (Imperial College,
London) in Mineral Exploration and a doctorate from the University of Western
Australia. Â He is a Fellow of The Geological Society of London and has worked in
geological research and mineral consultancy in Southern Africa and Australia.
 He has read and approved the technical disclosure in this regulatory
announcement.
About Ariana Resources
Ariana is an exploration and development company focused on epithermal
gold-silver and porphyry copper-gold deposits in Turkey. Â The Company is
exploring a portfolio of prospective licences selected on the basis of its
in-house geological and remote-sensing database, on its own in western Turkey
and in Joint Venture with European Goldfields Limited in north-eastern Turkey.
The Company's flagship assets are its Sindirgi and Tavsan gold projects. Â Both
projects contain a series of prospects, within two prolific mineralised
districts in the Western Anatolian Volcanic and Extensional (WAVE) Province in
western Turkey. Â This Province hosts the largest operating gold mines in Turkey
and remains highly prospective for new porphyry and epithermal deposits. Â These
core projects, which are separated by a distance of 75km, are presently being
assessed as to their economic merits. Â The total resource inventory of the
Company stands at 401,000 ounces of gold equivalent.
Loeb Aron & Company Ltd. and Alexander David Securities Limited are joint
brokers to the Company and Beaumont Cornish Limited is the Company's Nominated
Adviser.
For further information on Ariana you are invited to visit the Company's website
atwww.arianaresources.com <
http://www.arianaresources.com/>.
Ends
[HUG#1416601]
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